Spectrum vs Verizon High Speed Internet: Extra Fees and Contracts
Installation
Spectrum offers self-installation and professional installation at various fees.
Professional installation with Spectrum is a one-time fee of $49.99, but Spectrum gigabit internet has a $199.99 activation fee. Self-installation fees with Spectrum costs $24.99. Spectrum plans come with a free modem.
Verizon High Speed Internet offers self-installation.
Equipment rental includes a one-time fee of $29.99. The activation fee is waived online. As an alternative, customers can purchase their own modem or router. There is no charge for a refurbished router.
Contracts, Equipment Fees & Fine Print
Spectrum offers contract-free plans, which means there are no cancellation fees or long-term agreements.
They do, however, have a late payment fee of up to $8.95. Customers are also expected to pay the entire month’s bill regardless of canceling on the first day of the billing cycle. While most Spectrum plans supply a free modem, customers will have to pay $5 per month for a WiFi router. Spectrum does not have any data caps or data overage fees.
Based on the plan or bundle offered, contract-free plans are available with Verizon High Speed Internet.
Contracts range between 1-2 years, so customers should be aware of the early termination fees which can cost a maximum of up to $350. Or, a monthly payment of $15 until the completed contract term. Not included in the contract are equipment fees, which are a one-time fee of $29.99.
Data Caps
Spectrum does not have any data caps or data overage fees, which means its Internet plans offer unlimited data.
Verizon High Speed Internet offers plans that do not have any data caps or data overage fees. With unlimited data, customers can experience high speeds of up to 15 Mbps, which are dependent on location and availability.
